Share market update: Nearly 50 stocks hit 52-week highs on NSE

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: As many as 47 stocks, including Birla Cable, GAIL (India), Graphite India, Havells India and Page Industries, hit 52-week highs
on NSE on Monday. Abbott India, Adani Green Energy, Alembic Pharmaceuticals, Borosil Glass Works, Endurance Technologies, Excel Crop Care,
Excel Industries, GlaxoSmithKline Pharmaceuticals, Indiabulls Ventures, JSW Holdings, NIIT Technologies, Torrent Pharmaceuticals, VIP
Industries and Whirlpool of India also featured among stocks that touched 52-week highs on NSE today. However, 34 stocks, including
D.B.Corp, Future Supply Chain Solutions, Somi Conveyor Beltings and Tejas Networks hit 52-week lows on NSE. Domestic equity market logged
gains on Monday, extending the rally to the second consecutive session, owing to healthy buying in select bank, auto, metal and energy
stocks, amid mixed global cues
Both key indices, Nifty and Sensex, closed the day at fresh record peaks of 37,692 and 11,387, respectively. The 30-share Sensex climbed
136 points or 0.36 per cent, settling with 14 gainers, whereas Nifty finished 26 points, or 0.23 per cent, up with 22 stocks in the
green. Nifty PSU Bank index, jumping 2.61 per cent, emerged as the top gainer among the sectoral indices, with State Bank of India, Indian
Bank, Allahabad Bank and Punjab National Bank clocking decent gains. However, Nifty Pharma declined nearly 1 per cent owing to poor show by
Dr
Reddy's Laboratories, Biocon, Divi's Laboratories, Sun Pharma, Lupin and Cipla. Axis Bank, State Bank of India, ICICI Bank, Bharti Airtel,
UPL and Hindalco Industries emerged as the top gainers in the Nifty index.